TNERC: Interest on Advance Current Consumption Charges kept by the consumers for the Year 2025-26

In the matter of: Interest on Advance Current Consumption Charges kept by the consumers for the Year 2025-26

1) As per sub-section (4) of Section 47 of the Electricity Act, 2003, the distribution licensee shall pay interest equivalent to the bank rate or more, as may be specified by the concerned State Commission, on the security referred to in sub-section (1) and refund such security on the request of the person who gave such security.